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UK PE firm Apis Partners marks sixth full exit from debut fund

TMT

08 May, 2024

UK PE firm Apis Partners marks sixth full exit from debut fund

Apis Partners, a UK-based private equity firm, which backs growth stage financial services and financial infrastructure businesses, has fully exited ......

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Manipal Hospitals backer Novo Holdings ropes in former IFU exec

People

08 May, 2024

Manipal Hospitals backer Novo Holdings ropes in former IFU exec

Danish investor Novo Holdings, which owns a majority stake in obesity drugmaker Novo Nordisk and manages assets of the Novo ......

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Flutterwave backer LoftyInc courts offshore LP as it aims to quintuple AUM with new Africa VC fund

Finance

08 May, 2024

Flutterwave backer LoftyInc courts offshore LP as it aims to quintuple AUM with new Africa VC fund

LoftyInc Capital, a pan-African early-stage venture capital firm, is likely to secure commitment from a European development finance institution for ......

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Sub-Saharan Africa-focused private debt fund REGMIFA to get another cheque

Finance

08 May, 2024

Sub-Saharan Africa-focused private debt fund REGMIFA to get another cheque

The Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA), an open-ended private debt fund focusing on micro, small, and medium ......

PE firm Admaius Capital expands leadership team with focus on Egypt

People

07 May, 2024

PE firm Admaius Capital expands leadership team with focus on Egypt

Admaius Capital Partners, a Rwanda-based private equity firm with a pan-Africa focus, expanded its leadership team by appointing a fourth ......

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South Africa's Infra Impact to strike fifth bet as another PE fund set to exit

Infrastructure

07 May, 2024

South Africa's Infra Impact to strike fifth bet as another PE fund set to exit

Infra Impact Investment Managers, a South Africa-based private equity investor that focuses on mid-market infrastructure businesses, is set to strike ......

ADNOC scraps talks to buy stake in Brazil's Braskem

Manufacturing

07 May, 2024

ADNOC scraps talks to buy stake in Brazil's Braskem

Abu Dhabi National Oil Company (ADNOC) has terminated talks to buy a controlling stake in Braskem, the Brazilian petrochemical producer ......

Abu Dhabi's IHC to hold buyback of up to $1.36 bn

Finance

06 May, 2024

Abu Dhabi's IHC to hold buyback of up to $1.36 bn

International Holding Company (IHC), Abu Dhabi's largest listed company, said on Monday it would buy back up to 5 billion ......

Shell in talks to sell its Malaysia fuel stations to Aramco

Infrastructure

06 May, 2024

Shell in talks to sell its Malaysia fuel stations to Aramco

Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, ......

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PE firm Fipar-Holding teams up with overseas investor to buy Moroccan retail giant

Consumer

06 May, 2024

PE firm Fipar-Holding teams up with overseas investor to buy Moroccan retail giant

Fipar-Holding, the private equity investment arm of Morocco’s state-owned financial institution, the Caisse de Dépot et de Gestion (CDG), is ......